Sharjah Insurance Company P.S.C Dividend
Dividend criteria checks 2/6
Sharjah Insurance Company P.S.C is a dividend paying company with a current yield of 4.38% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
4.4%
Dividend yield
65%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | د.إ0.11 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Sharjah Insurance Company P.S.C (ADX:SICO) Will Pay A Dividend Of د.إ0.08
Apr 28
Sharjah Insurance Company P.S.C's (ADX:SICO) Dividend Will Be د.إ0.08
Mar 14Recent updates
Sharjah Insurance Company P.S.C. (ADX:SICO) Doing What It Can To Lift Shares
Feb 08Sharjah Insurance Company P.S.C (ADX:SICO) Will Pay A Dividend Of د.إ0.08
Apr 28Sharjah Insurance Company P.S.C's (ADX:SICO) Dividend Will Be د.إ0.08
Mar 14Key Things To Consider Before Buying Sharjah Insurance Company P.S.C. (ADX:SICO) For Its Dividend
Mar 31Reflecting on Sharjah Insurance Company P.S.C's (ADX:SICO) Share Price Returns Over The Last Three Years
Mar 05Can Sharjah Insurance Company P.S.C. (ADX:SICO) Rely On Its Fundamentals For Future Uptrend In Price?
Jan 25Should Sharjah Insurance Company P.S.C. (ADX:SICO) Be Part Of Your Dividend Portfolio?
Dec 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SICO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SICO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sharjah Insurance Company P.S.C Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SICO) | 4.4% |
| Market Bottom 25% (AE) | 3.2% |
| Market Top 25% (AE) | 6.8% |
| Industry Average (Insurance) | 5.9% |
| Analyst forecast in 3 Years (SICO) | n/a |
Notable Dividend: SICO's dividend (4.38%) is higher than the bottom 25% of dividend payers in the AE market (3.23%).
High Dividend: SICO's dividend (4.38%) is low compared to the top 25% of dividend payers in the AE market (6.86%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.8%), SICO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SICO is paying a dividend but the company has no free cash flows.